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    Process industries

  3. •

    Chemicals: specialty
Guangdong Huate Gas Co. Ltd Class A

Guangdong Huate Gas Co. Ltd Class A

SSSE:688268
102.96
CNY
+1.79
(+1.77%)
1.11EPS
228.79P/E
34.15BMarket Cap
Oct 29Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.8
7.7
7.37
8.76
9.04
9.42
8.36
11.25
15.01
12.54
11.63
11.84
12.99
Basic EPS, GAAP
0.54
0.57
0.43
0.54
0.75
0.81
0.89
1.08
1.72
1.43
1.54
1.13
1.17
Free Cash Flow per Basic Share
0.28
0.01
0.04
0.51
0.06
0.35
0.13
-1.65
0.77
-0.55
0.25
0.17
- -
Dividend per Share
0.08
0.11
0.08
0.12
0.23
0.24
0.25
0.32
0.41
0.46
0.6
0.7
0.14
Book Value per Share
4.26
4.75
5.2
5.58
6.2
9.96
10.61
11.52
12.82
15.15
16.2
16.73
20.83
Tangible Book Value per Share
4.17
4.57
4.98
5.36
5.99
9.79
10.43
10.49
11.27
13.52
14.3
14.2
18.48
Basic Weighted Avg Shares
90
89
89
90
90
90
120
120
120
120
120
120
122
Sales/Revenue/Turnover
610
687
657
787
818
844
1,000
1,347
1,803
1,500
1,395
1,419
1,586
Operating Margin (%)
9.88
9.55
6.73
9.06
10
10.2
11.06
10.68
13.65
15.9
16.82
13.35
13.43
Depreciation Expense
27
26
31
36
30
34
35
56
74
88
95
116
- -
Net Income, GAAP
48
51
38
49
68
73
106
129
207
171
185
135
143
Effective Tax Rate (%)
20.8
18.91
21.48
14.39
15.87
15.21
14.41
12.97
14.63
16.72
16.98
20.44
20.45
Profit Margin (%)
7.94
7.41
5.84
6.17
8.3
8.6
10.65
9.6
11.46
11.41
13.25
9.54
9
Working Capital
176
186
196
242
283
894
870
748
760
1,297
1,165
1,156
1,219
LT Debt
- -
- -
- -
- -
- -
5
25
89
299
828
767
915
322
Total Equity
383
427
468
502
558
1,196
1,274
1,386
1,586
1,870
2,006
2,065
2,710
Return on Invested Capital (%)
- -
11.11
6.49
9.91
12.81
8.07
8.04
8.92
12.01
7.3
6.54
4.05
4.12
Return on Capital (%)
- -
11.73
8.24
9.56
12.4
8.21
8.48
9.32
12.38
8.29
7.6
5.7
5.88
Return on Common Equity (%)
- -
12.56
8.57
10
12.79
8.28
8.63
9.74
14.13
10.16
9.79
6.83
6.13

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
134
162
181
LT Borrowings
831
830
239
LT Finance Leases
84
84
83
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
120
120
128
Market Capitalization
6,904
10,920
34,155

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,709
1,720
1,812
Cash, Cash Equivalents & STI
835
839
844
Accounts Receivable, Net
367
382
424
Inventories
206
208
215
Total Current Liabilities
554
537
593
Payables & Accruals
- -
- -
- -
ST Debt
134
162
181
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.01%
10.28%
2.95%
Free Cash Flow
1.28%
-365.08%
-32.01%
Net Income, GAAP
14.06%
9.06%
-26.75%
Sales/Revenue/Turnover
8.74%
9.3%
1.7%
Total Cash Common Dividend
27.88%
23.52%
16.77%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
333
385
341
337
1,395
2025
338
339
- -
375
1,419
2026
384
488
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.38
0.42
0.31
0.43
1.54
2025
0.37
0.28
- -
0.14
1.13
2026
0.28
0.46
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.01
0.52
0.04
0.6
2025
0.04
0.02
- -
0.02
0.7
2026
0.08
0.02
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Zhu Hong Fu
Full Time Employees
1,243
Sector
Process industries
Industry
Chemicals: specialty
Address
East side of Wentouling foot Foshan GD China 528244
IPO Date
Dec 26, 2019
Website
huategas.com
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Business
Guangdong Huate Gas Co., Ltd. (688268.SS) engages primarily in the research, development, production, transportation, and sales of specialty gases, general industrial gases, electronic gases, electric light source gases, ultra-high purity gases, calibration gases, medical gases, and food-grade gases, along with related gas equipment, engineering services, and chemicals such as tetramethylammonium hydroxide, N-methylpyrrolidone, isopropyl alcohol, hydrofluoric acid, sulfuric acid, and sulfur hexafluoride. The company offers gas fire extinguishing and foaming agents; gas-related equipment including LGC systems, vaporizers, and LNG emergency skids; gas packaging and cylinders; and services encompassing technical consultation, gas detection, cylinder inspection, project construction, installation, maintenance, and leasing. Founded in 1999 and headquartered in Foshan, Guangdong Province, China, it operates through more than ten wholly-owned subsidiaries across Guangdong, Jiangxi, Zhejiang, Hubei, Hunan, and Hong Kong, with products exported to over 50 countries and serving sectors such as electronics, manufacturing, semiconductors, and new display panels. Recent developments include shareholder plans for share reductions totaling up to 2% of the company's capital between June and September 2025, alongside an ongoing equity buyback program initiated in 2023 and updated in 2024; the company reported net income growth to CNY 96.15 million in the first half of 2024 despite slight revenue dips, reflecting resilience in specialty gas demand, and continues investments in R&D to localize high-end gases amid strategic expansions in international markets.